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@matdryhurst well actually it's older than crypto and crypto version of it is piss poor for both privacy and vendor/infra lock-in. this is what I've been yelling at you about on here for 5 years lol. now that musk and zuck have both taken their 0% interest masks off and are charging anPermalink On twitter.com
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@matdryhurst $8/mo tax on kyc people are finally realizing platforms are all credit card networks. L1s are just very low fi versions of the idea with faster payments and an identity system devoid of bare minimum guarantees i.e. fraud farms in the lingo of the money men and mad menPermalink On twitter.com
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@matdryhurst an app store, PayPal, a credit card, a social network and an L1/VM/rpc language are just the Rails of variously p2p networks were variously-accountable actors (whether end-users advertisers banks middlemen or defi protocols) trade tokens. compare the qua private property regimes.On twitter.com